As the immigration executive action remains in limbo, awaiting action in the Fifth Circuit Court, we thought it would be a good time to review some of the potential impacts of this action, should it be allowed to move forward as is.

Possible Economic Impacts of the Immigration Executive Action

Here’s a look at the potential economic impacts of the immigration executive action, according to the White House.

Here’s a look at the potential economic impacts of the immigration executive action, according to the White House.

According to the White House, the immigration executive action is projected to boost the national gross domestic product (GDP) by up to $250 billion over the next decade. While part of this projected massive GDP increase has been tied to a potentially increased American workforce, it has also been linked to:

  • Increased innovation from high-skilled workers
  • Increased productivity and wages for all U.S. workers (including immigrants).

In particular, according to the Department of Homeland Security and the White House, during the first year of the immigration executive action being in effective, nearly 180,000 immigrants who are eligible for employment will be able to pursue job opportunities.

While allowing these people to put their skills and knowledge to work earning an income can end up generating a lot of benefits for these individuals’ families, it will also end up yielding significant economic benefits, as the White House explains.

Immigrant Contributions to U.S. Economy

In highlighting the potential economic impacts of the immigration executive action, the White House has backed up the above facts/info by providing a snapshot of the current contributions of immigrants to the U.S. economy. As part of this snapshot, the following has been underscored:

  • About 1 in every 4 small businesses and high-tech companies in the U.S. has been started by an immigrant.
  • About 26 percent of all U.S.-based Nobel laureates over the past five decades have been immigrants.

Continuing to Promote Immigrant Contributions through the Immigrant Executive Action

To continue supporting the above contributions, the stalled immigration executive action is intended to improve the current U.S. immigration system by:

  • Expanding immigration options for foreign entrepreneurs
  • Unlocking the talents of “more highly skilled Americans in-waiting”
  • Extending STEM graduates (i.e., graduates of science, technology, engineering and mathematics) more job training opportunities in the U.S.

Los Angeles, California Immigration Lawyers at the Hanlon Law Group, P.C.

Do you need help with any immigration issues? If so, you can turn to the Los Angeles immigration attorneys at the Hanlon Law Group, P.C. For more than 15 years, our lawyers have been successfully representing clients in various types of immigration cases. That means you can count on us to provide you with the highest quality immigration legal services to help you obtain the best possible outcomes to your needs/issues.